Canadian home sales drop 40 per cent in February compared with year ago
The association says February sales were comparable to what was recorded during the same month in 2018 and 2019, before the COVID-19 pandemic.
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Shaun Cathcart
May home sales down 22% since last year, 9% from April: CREA
Economists attribute much of the cooling to rising interest and mortgage rates.
Canadian home sales set new record in 2021, topping previous high by 20%: CREA
Canadian Real Estate Association said Monday that about 667,000 residential properties changed hands in 2021, about 30 per cent more than the 10-year average.
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